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This isn’t ELRAY RESOURCES, INC.’s most recent raise. Reg A+ · Equity · Dec 2023 (Open) is more current.View latest round
ELRAY RESOURCES, INC.

Reg A+ · Equity · Jul 2022

ClosedReg A+Equity
via the platform · last checked Aug 16, 2026
Raised
$550K / $5.3M max
10% of ceiling
Investors
—
—
Estimated pre-money
$8M
—

Financials disclosed in this offering

FY2021 · hover for source
$0
−$348K
FY2021
RevenueNet income
Metric
FY2021 unaudited
Income statement
Revenue
$0
Cost of goods sold
$0
Net income
-$347,875
Balance sheet
Cash
$5,014
Accounts receivable
$171,607
Total assets
$186,592
Long-term debt
$0
Total liabilities
$17,166,865
Other
Headcount
0

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

1 amendment
  1. Oct 25, 2022
    Terms not yet extracted from this filing
    Form 1-A POS on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. Form 1-A amendments state no reason; those filed before qualification are usually responses to SEC staff review.

Deal terms

Est. pre-money$8M
Price / share$0.0053
Shares offered1,000,000,000

Estimated, not stated: $0.0053 × 1,505,431,849 securities outstanding.

Down round. Priced 100% below Private Offering (2012) (Jun 2011) on a split-adjusted basis: $0.0053 vs $18,000.00 a share in today's terms — a conversion or split sits between the two, so check its ratio on the earlier round.

Offering details

Target—
Max$5,250,000
Min investment—
OpenedJul 19, 2022
Deadline—
ClosedDec 6, 2023
Days active505

Links & provenance

Source: SEC EDGAR
0001477932-22-005221
Last synced Aug 16, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.